ESMA: Fund performance during market stress
28 Mar 2022 (UPDATED: 13 Mar 2026)
International
1 min read
ESMA has published the outcome of a study analysing the performance of actively managed equity UCITS relative to their prospectus and market benchmark indices in a period in 2020. It found that that the sample of funds considered active funds, net of ongoing costs, did not on average outperform their related benchmarks.